Exercise

Interpreting significance levels

Have a look at the significance levels of your latest model log_model_multi, which is loaded in the workspace. Go through the summary() again. Which of the following quotes is correct? The parameter estimates for loan_amount and annual_inc are…

Instructions

50 XP

Possible answers

Both of such a small magnitude (order -6), that neither of them is statistically significant.

Both of a very small magnitude (order -6), still, both are statistically significant.

Of the same order, however, annual_inc is statistically significant where loan_amount is not.

Of the same order, however, loan_amount is statistically significant where annual_inc is not.